ELDORADO GOLD CORP (ELD.CA) Stock Fundamental Analysis
TSX:ELD - Toronto Stock Exchange - CA2849021035 - Common Stock - Currency: CAD
ELD gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 796 industry peers in the Metals & Mining industry. While ELD has a great profitability rating, there are some minor concerns on its financial health. ELD is evaluated to be cheap and growing strongly. This does not happen too often! This makes ELD very considerable for value and growth investing!
1. Profitability
1.1 Basic Checks
ELD had positive earnings in the past year.
In the past year ELD had a positive cash flow from operations.
In multiple years ELD reported negative net income over the last 5 years.
Each year in the past 5 years ELD had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.95%, ELD belongs to the top of the industry, outperforming 89.82% of the companies in the same industry.
The Return On Equity of ELD (7.42%) is better than 90.58% of its industry peers.
ELD's Return On Invested Capital of 5.18% is amongst the best of the industry. ELD outperforms 91.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ELD is significantly below the industry average of 24.80%.
The 3 year average ROIC (2.90%) for ELD is below the current ROIC(5.18%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.95% | ||
| ROE | 7.42% | ||
| ROIC | 5.18% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
1.3 Margins
ELD's Profit Margin of 21.86% is amongst the best of the industry. ELD outperforms 95.73% of its industry peers.
ELD's Profit Margin has improved in the last couple of years.
ELD's Operating Margin of 31.77% is amongst the best of the industry. ELD outperforms 95.23% of its industry peers.
In the last couple of years the Operating Margin of ELD has grown nicely.
With an excellent Gross Margin value of 38.33%, ELD belongs to the best of the industry, outperforming 93.22% of the companies in the same industry.
ELD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.77% | ||
| PM (TTM) | 21.86% | ||
| GM | 38.33% |
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELD is destroying value.
The number of shares outstanding for ELD has been increased compared to 1 year ago.
The number of shares outstanding for ELD has been increased compared to 5 years ago.
Compared to 1 year ago, ELD has a worse debt to assets ratio.
2.2 Solvency
ELD has an Altman-Z score of 1.42. This is a bad value and indicates that ELD is not financially healthy and even has some risk of bankruptcy.
ELD's Altman-Z score of 1.42 is in line compared to the rest of the industry. ELD outperforms 52.26% of its industry peers.
The Debt to FCF ratio of ELD is 18.05, which is on the high side as it means it would take ELD, 18.05 years of fcf income to pay off all of its debts.
ELD has a better Debt to FCF ratio (18.05) than 89.82% of its industry peers.
ELD has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ELD (0.24) is worse than 67.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 18.05 | ||
| Altman-Z | 1.42 |
ROIC/WACC0.64
WACC8.14%
2.3 Liquidity
ELD has a Current Ratio of 3.60. This indicates that ELD is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.60, ELD is in the better half of the industry, outperforming 67.84% of the companies in the same industry.
A Quick Ratio of 2.92 indicates that ELD has no problem at all paying its short term obligations.
The Quick ratio of ELD (2.92) is better than 65.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.6 | ||
| Quick Ratio | 2.92 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 90.91% over the past year.
The Earnings Per Share has been growing by 89.34% on average over the past years. This is a very strong growth
ELD shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.90%.
Measured over the past years, ELD shows a quite strong growth in Revenue. The Revenue has been growing by 16.44% on average per year.
EPS 1Y (TTM)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%
3.2 Future
Based on estimates for the next years, ELD will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.62% on average per year.
ELD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.20% yearly.
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
Revenue Next 5Y13.2%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.55, ELD is valued correctly.
ELD's Price/Earnings ratio is rather cheap when compared to the industry. ELD is cheaper than 92.46% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.35, ELD is valued a bit cheaper.
A Price/Forward Earnings ratio of 7.76 indicates a rather cheap valuation of ELD.
Based on the Price/Forward Earnings ratio, ELD is valued cheaper than 94.35% of the companies in the same industry.
ELD is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.55 | ||
| Fwd PE | 7.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELD is valued cheaply inside the industry as 94.72% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ELD is valued cheaply inside the industry as 90.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 79.28 | ||
| EV/EBITDA | 5.75 |
4.3 Compensation for Growth
ELD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of ELD may justify a higher PE ratio.
A more expensive valuation may be justified as ELD's earnings are expected to grow with 23.36% in the coming years.
PEG (NY)1.47
PEG (5Y)0.15
EPS Next 2Y32.48%
EPS Next 3Y23.36%
5. Dividend
5.1 Amount
No dividends for ELD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ELD (5/27/2025, 7:00:00 PM)
27.38
-0.29 (-1.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners85.47%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap5.63B
Analysts72.86
Price Target30.86 (12.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.01%
Min EPS beat(2)1.55%
Max EPS beat(2)4.47%
EPS beat(4)4
Avg EPS beat(4)29.07%
Min EPS beat(4)1.55%
Max EPS beat(4)79.55%
EPS beat(8)8
Avg EPS beat(8)61.79%
EPS beat(12)9
Avg EPS beat(12)22.85%
EPS beat(16)12
Avg EPS beat(16)18.07%
Revenue beat(2)0
Avg Revenue beat(2)-4.44%
Min Revenue beat(2)-8.86%
Max Revenue beat(2)-0.02%
Revenue beat(4)0
Avg Revenue beat(4)-6.79%
Min Revenue beat(4)-13.29%
Max Revenue beat(4)-0.02%
Revenue beat(8)1
Avg Revenue beat(8)-5.54%
Revenue beat(12)1
Avg Revenue beat(12)-8.37%
Revenue beat(16)2
Avg Revenue beat(16)-6.79%
PT rev (1m)13.7%
PT rev (3m)15.49%
EPS NQ rev (1m)-7.01%
EPS NQ rev (3m)-16.7%
EPS NY rev (1m)0%
EPS NY rev (3m)5.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.42%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.55 | ||
| Fwd PE | 7.76 | ||
| P/S | 3.09 | ||
| P/FCF | 79.28 | ||
| P/OCF | 6.33 | ||
| P/B | 1.05 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 5.75 |
EPS(TTM)2.02
EY7.38%
EPS(NY)3.53
Fwd EY12.89%
FCF(TTM)0.35
FCFY1.26%
OCF(TTM)4.33
OCFY15.81%
SpS8.87
BVpS26.12
TBVpS25.5
PEG (NY)1.47
PEG (5Y)0.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.95% | ||
| ROE | 7.42% | ||
| ROCE | 7.75% | ||
| ROIC | 5.18% | ||
| ROICexc | 6.35% | ||
| ROICexgc | 6.49% | ||
| OM | 31.77% | ||
| PM (TTM) | 21.86% | ||
| GM | 38.33% | ||
| FCFM | 3.9% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
ROICexc(3y)3.42%
ROICexc(5y)3.57%
ROICexgc(3y)3.5%
ROICexgc(5y)3.65%
ROCE(3y)4.33%
ROCE(5y)4.63%
ROICexcg growth 3Y24.28%
ROICexcg growth 5Y48.55%
ROICexc growth 3Y24.32%
ROICexc growth 5Y48.58%
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
F-Score7
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 18.05 | ||
| Debt/EBITDA | 1.37 | ||
| Cap/Depr | 233.01% | ||
| Cap/Sales | 44.92% | ||
| Interest Coverage | 21.11 | ||
| Cash Conversion | 95.62% | ||
| Profit Quality | 17.82% | ||
| Current Ratio | 3.6 | ||
| Quick Ratio | 2.92 | ||
| Altman-Z | 1.42 |
F-Score7
WACC8.14%
ROIC/WACC0.64
Cap/Depr(3y)168.21%
Cap/Depr(5y)144.08%
Cap/Sales(3y)39.34%
Cap/Sales(5y)33.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
Revenue Next 5Y13.2%
EBIT growth 1Y139.13%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year86.25%
EBIT Next 3Y47.77%
EBIT Next 5Y21.39%
FCF growth 1Y366.54%
FCF growth 3Y-13.74%
FCF growth 5YN/A
OCF growth 1Y68.78%
OCF growth 3Y21.23%
OCF growth 5Y31.25%